Non-performing loans reached 108 ZAR bil in 2017 in South Africa, according to the National Central Bank. This is 1.94 % more than in the previous year.
Historically, non-performing loans in South Africa reached an all time high of 134 ZAR bil in 2009 and an all time low of 90.8 ZAR bil in 2008. When compared to South Africa's main peers, non-performing loans in Botswana amounted to 2.86 BWP bil, 273 LSL bil in Lesotho, 2.26 NAD bil in Namibia and 0.853 SZL bil in Swaziland in 2017.
South Africa has been ranked 33rd within the group of 90 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.